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The Malaysia stock market has moved lower in four consecutive sessions, sliding almost 15 points or 0.9 percent in that span. The Kuala Lumpur Composite Index remains just beneath the 1,695-point plateau and the market may open lower again on Wednesday. April WTI oil fell 4 cents to settle at $54.01/bbl. However, WTI oil futures on Nymex climbed by about 2.3 percent for the month. The lead from Wall Street is soft as stocks moved lower on Tuesday, with the Dow and the S&P 500 pulling back from record closing highs.
as informed in Check out:The odds of a U.S. interest-rate hike next month jumped above 50% on Monday after Dallas Fed President Rob Kaplan said a tightening might come in the near future (http://www.marketwatch.com/story/odds-of-march-fed-interest-rate-hike-spike-above-50-2017-02-27). (END) Dow Jones NewswiresFebruary 28, 2017 13:46 ET (18:46 GMT)Copyright (c) 2017 Dow Jones & Company, Inc. Since the election, investors had been betting that Trump's policies on taxes and regulation will accelerate economic growth and boost corporate profits. After the market's close, St. Louis Fed President James Bullard is slated to give a speech on the U.S. economy and monetary policy at George Washington University at 6:40 p.m. Eastern. This uncertainty has triggered some profit-taking ahead of the big speech tonight, according to John Manley, chief equity strategist at Wells Fargo Advantage Funds.
![Stock Market Retreats As Investors Await Trump Speech]()
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The Malaysia stock market has moved lower in four consecutive sessions, sliding almost 15 points or 0.9 percent in that span. The Kuala Lumpur Composite Index remains just beneath the 1,695-point plateau and the market may open lower again on Wednesday. April WTI oil fell 4 cents to settle at $54.01/bbl. However, WTI oil futures on Nymex climbed by about 2.3 percent for the month. The lead from Wall Street is soft as stocks moved lower on Tuesday, with the Dow and the S&P 500 pulling back from record closing highs.
as informed in Check out:The odds of a U.S. interest-rate hike next month jumped above 50% on Monday after Dallas Fed President Rob Kaplan said a tightening might come in the near future (http://www.marketwatch.com/story/odds-of-march-fed-interest-rate-hike-spike-above-50-2017-02-27). (END) Dow Jones NewswiresFebruary 28, 2017 13:46 ET (18:46 GMT)Copyright (c) 2017 Dow Jones & Company, Inc. Since the election, investors had been betting that Trump's policies on taxes and regulation will accelerate economic growth and boost corporate profits. After the market's close, St. Louis Fed President James Bullard is slated to give a speech on the U.S. economy and monetary policy at George Washington University at 6:40 p.m. Eastern. This uncertainty has triggered some profit-taking ahead of the big speech tonight, according to John Manley, chief equity strategist at Wells Fargo Advantage Funds.
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